3 - Financial Statements Explained: Understanding the Big Picture скачать в хорошем качестве

3 - Financial Statements Explained: Understanding the Big Picture

This video forms Part B of Topic 1 in ACCT428 – Financial Statements Analysis. In this video, we move beyond definitions and focus on how financial statements are used to understand a company’s real economic story. The video explains why financial statements are often described as a “doctor’s toolkit” for diagnosing a firm’s financial health and how analysts connect numbers to performance, risk, and value creation. Key ideas covered include: The role of financial statements in assessing company health The income statement, balance sheet, and cash flow statement — what each tells us and when The difference between profit and cash flow, and why both matter Analysing performance over time vs. at a point in time Linking profitability, cash flow, and risk to long-term value creation Why analysts must look beyond the numbers to context, judgment, and sustainability Source to refer to during the video: https://www.volkswagen-group.com/en/f...